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And I'm not talking about the ocean liner.
Last week interest rates on the 10yr were around 3.00% The the fed announces its first round of QE and rates on the 10 year dove 50 basis points in a few minutes. Now rates rates are creeping back up. they hit 2.73 today. Was it the end of the fed meeting that spurred the announcement or was there a 3% threshold that the fed/treas thinks needs to be maintained.
The QE1 did not really lower the high quality corporate borrowing rate.
I'm still getting a read of around 6.3% for 10yr high quality corporates.
Will QE2 include corporate debt?
Last week interest rates on the 10yr were around 3.00% The the fed announces its first round of QE and rates on the 10 year dove 50 basis points in a few minutes. Now rates rates are creeping back up. they hit 2.73 today. Was it the end of the fed meeting that spurred the announcement or was there a 3% threshold that the fed/treas thinks needs to be maintained.
The QE1 did not really lower the high quality corporate borrowing rate.
I'm still getting a read of around 6.3% for 10yr high quality corporates.
Will QE2 include corporate debt?